U.S. corporations aren’t strangers to having their internal operations in the public spotlight. Throughout 2014, a notable amount of attention has been paid to organizations’ plans to pursue a mix of questionable tax strategies, in hopes of lowering their effective tax rate. Tactics from inversions to double Irish arrangements have garnered both media and federal government scrutiny for corporations including Burger King, Medtronic and Pfizer.
Despite all the recent hype, little has been said about what U.S. employees think, or how their perceptions affect their organizations’ tax and accounting strategies.
A new study conducted by the software products team of Bloomberg BNA seeks to fill in these gaps. Bloomberg BNA surveyed 1,000 full-time U.S. employees about their views toward different corporate tax and accounting strategies. Simultaneously, 200 in-house tax and accounting professionals were surveyed to gauge whether or not public perception impacts their decision making process.
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